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   soc.culture.russian      More than just vodka and shirtless Putin      98,335 messages   

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   Message 96,642 of 98,335   
   Putin's Rent-A-Joe to All   
   Chinese elite have paid some $31 million   
   07 Mar 22 01:29:58   
   
   XPost: alt.fan.rush-limbaugh, alt.activism.death-penalty, alt.so   
   iety.liberalism   
   XPost: alt.politics.democrats, talk.politics.guns   
   From: remailer@domain.invalid   
      
   Indeed, every known deal that the Biden family enjoyed with Beijing   
   was reached courtesy of individuals with spy ties. And Joe Biden   
   personally benefited from his family’s foreign deals.   
      
   What are these deals? And who are the individuals who made them   
   happen for the Bidens?   
      
   Here, then, are a few key facts about the Biden family’s $5   
   million-plus deals with individuals in bed with Chinese   
   intelligence.   
      
   In 2018, I was the first to report on Hunter Biden’s involvement   
   with a Chinese investment fund called Bohai Harvest RST (BHR).   
   Hunter even introduced his dad to a company executive in December   
   2013 when father and son flew to Beijing on Air Force Two.   
      
   In October 2019, Hunter Biden’s lawyer George Mesires said Hunter   
   would be resigning from the BHR board, without receiving any return   
   on his investment or shareholder distributions.   
      
   What Team Biden failed to address was the fact that Hunter Biden   
   still owned a stake in the investment fund, said to be 10%.   
      
   When I first reported on Hunter Biden’s China ties in 2018, Team   
   Biden denied that they existed. Then they absurdly claimed that his   
   stake in the BHR investment fund was only $420,000.   
      
   Steven Kaplan, who conducts research on issues in private equity,   
   venture capital, entrepreneurial finance, corporate governance and   
   corporate finance at the University of Chicago Booth School of   
   Business, said a private equity fund with $2 billion under   
   management will typically generate fees over its life of hundreds of   
   millions of dollars.   
      
   “It is difficult to imagine, if not incomprehensible, that a 10%   
   stake in those economics is worth only $420K,” Kaplan said via   
   email. “The distinction they appear to be making is they capitalized   
   the management company with $4.2M even if the fund manages $2B. The   
   value of that management company is likely far in excess of $4.2M if   
   they are managing $2B.”   
      
   Kaplan pointed to two large publicly traded private equity firms for   
   reference, both of which have a market value of about 10% of the   
   assets under their management. Using that as a rough guide, that   
   would put the value of Hunter Biden’s share closer to $20 million,   
   he said.   
      
   Two months ago, Hunter Biden’s lawyer said he sold his equity stake.   
   They have not disclosed how much he made.   
      
   But courtesy of the Hunter Biden emails on his abandoned laptop, we   
   now know two of the key individuals who made that deal happen. And   
   at the time, they had close ties to the very top of the Chinese   
   intelligence apparatus.   
      
   A Chinese tycoon named Che Feng, a k a “The Super Chairman,” played   
   a key role in getting the deal going by introducing Hunter and his   
   partners to large Chinese state-backed investment funds. Hunter saw   
   a big payday. As he wrote in one email to business partner Devon   
   Archer, “I don’t believe in lottery tickets anymore, but I do   
   believe in the super chairman … I think the sky’s the limit.”   
      
   Who exactly is Che Feng?   
      
   At one time, he was business partners with the then-vice minister   
   for state security in China, which is China’s KGB.   
      
   This man was reportedly the director of the ministry’s No. 8 Bureau,   
   which targeted foreigners with its intelligence apparatus —   
   including reporters, diplomats and businessmen. It was also reported   
   that he oversaw intelligence operations for North America.   
      
   Another key figure in putting this investment deal together was Zhao   
   Xuejun (a k a Henry Zhao) of Harvest Fund Management. Zhao is a   
   Communist Party official. (“The mission of our Party is to bring   
   happiness to people, and to revive the nation for people,” he has   
   said.)   
      
   But more troubling — Zhao was at that time business partners with   
   Jia Liqing, the daughter of the former minister of state security,   
   Jia Chunwang.   
      
   In short, he was in charge of espionage, domestic and overseas   
   intelligence work for China. Jia was famous during his tenure for   
   developing China’s “deep water fish” (Chendi yü) strategy of   
   developing thousands of special agents on foreign soil.   
      
   Zhao was also a key figure for Biden prospects in China. His fund   
   participated in BHR, where Hunter Biden received a board seat. The   
   business that he co-founded with Jia Liqing, Harvest Global   
   Investments, also figures in Deal #2.   
      
   Hunter Biden had another company called Burnham Asset Management.   
   According to court documents filed by disgruntled investors, Harvest   
   Global wired Burnham $5 million.   
      
   The purpose of this payment is unclear, but it may have been   
   intended as an investment in Hunter’s business.   
      
   According to emails obtained from Hunter Biden’s laptop, Zhao may   
   have sent other money, too.   
      
   “Henry remains committed to also making something work with myself   
   and Hunter outside of this Burnham matter as mentioned before,”   
   business partner James Bulger wrote. “He has a few interesting   
   ideas.”   
      
      
   [continued in next message]   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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